Meet The Most Spoiled Kids In The World

Sheikh Hamdan bin Mohammed bin Rashid al Maktoum, Prince of Dubai

The 29-year-old crown prince of Dubai and son of Mohammed bin Rashid Al Maktoum, the Prime Minister of the United Arab Emirates, leads a charmed life.

For starters, he drives a diamond-studded, mink-finished Mercedes that's worth an estimated $4.8 million and cruises in the world's largest yacht, which has a $300 million price tag.

He also has an affinity for practicing sports and spends his days scuba diving, sky diving, jet skiing, and body boarding.

He also enjoys traveling. When he was in New York in June, the Prince ordered a $1,000 dessert, which was served in a $300 Baccarat goblet complete with edible gold and Tahitian vanilla ice cream.